PRESS RELEASE
from Knaus Tabbert AG (isin : DE000A2YN504)
EQS-Adhoc: Knaus Tabbert AG: Knaus Tabbert agrees with its bank syndicate upon amendment of loan conditions
EQS-Ad-hoc: Knaus Tabbert AG / Key word(s): Financing/Contract
Knaus Tabbert AG: Knaus Tabbert agrees with its bank syndicate upon amendment of loan conditions
25-March-2025 / 16:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Knaus Tabbert AG today signed an amendment agreement to the existing syndicated loan facility. Based on Knaus Tabbert's multi-year planning for the years 2025-2027 (validated in the Independent Business Review by FTI-Andersch AG), the bank syndicate led by COMMERZBANK AG agreed to amend the existing loan agreement. Other syndicate partners are Norddeutsche Landesbank Girozentrale and Raiffeisenlandesbank Oberösterreich AG Zweigniederlassung Süddeutschland.
The key points relate also to an adjustment of the financial covenants over the remaining term of the loan agreement until June 2027. As a further consequence of the signed amendment agreement and unless otherwise approved by the bank syndicate, the company is not allowed to pay any dividends or similar distributions to its shareholders in the years 2025 and 2026.
The key points relate also to an adjustment of the financial covenants over the remaining term of the loan agreement until June 2027. As a further consequence of the signed amendment agreement and unless otherwise approved by the bank syndicate, the company is not allowed to pay any dividends or similar distributions to its shareholders in the years 2025 and 2026.
End of Inside Information
25-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Knaus Tabbert AG |
| Helmut-Knaus-Str. 1 | |
| 94118 Jandelsbrunn | |
| Germany | |
| Phone: | +49 (0)8583 / 21-1 |
| Fax: | +49 (0)8583 / 21-380 |
| E-mail: | info@knaustabbert.de |
| Internet: | www.knaustabbert.de |
| ISIN: | DE000A2YN504 |
| WKN: | A2YN50 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2106184 |
| End of Announcement | EQS News Service |
2106184 25-March-2025 CET/CEST